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GKOS vs. ONON
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GKOS and ONON is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.4

Performance

GKOS vs. ONON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Glaukos Corporation (GKOS) and On Holding AG (ONON). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
87.50%
22.00%
GKOS
ONON

Key characteristics

Sharpe Ratio

GKOS:

0.07

ONON:

0.46

Sortino Ratio

GKOS:

0.38

ONON:

1.03

Omega Ratio

GKOS:

1.06

ONON:

1.11

Calmar Ratio

GKOS:

0.07

ONON:

0.51

Martin Ratio

GKOS:

0.25

ONON:

1.85

Ulcer Index

GKOS:

11.90%

ONON:

11.17%

Daily Std Dev

GKOS:

42.25%

ONON:

44.77%

Max Drawdown

GKOS:

-69.57%

ONON:

-68.90%

Current Drawdown

GKOS:

-39.78%

ONON:

-32.88%

Fundamentals

Market Cap

GKOS:

$5.49B

ONON:

$13.83B

EPS

GKOS:

-$2.77

ONON:

$0.84

Total Revenue (TTM)

GKOS:

$297.86M

ONON:

$1.81B

Gross Profit (TTM)

GKOS:

$224.09M

ONON:

$1.10B

EBITDA (TTM)

GKOS:

-$62.85M

ONON:

$255.60M

Returns By Period

In the year-to-date period, GKOS achieves a -35.25% return, which is significantly lower than ONON's -22.04% return.


GKOS

YTD

-35.25%

1M

-19.11%

6M

-23.28%

1Y

4.29%

5Y*

26.56%

10Y*

N/A

ONON

YTD

-22.04%

1M

-11.92%

6M

-13.48%

1Y

21.24%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

GKOS vs. ONON — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GKOS
The Risk-Adjusted Performance Rank of GKOS is 5353
Overall Rank
The Sharpe Ratio Rank of GKOS is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of GKOS is 4949
Sortino Ratio Rank
The Omega Ratio Rank of GKOS is 5050
Omega Ratio Rank
The Calmar Ratio Rank of GKOS is 5656
Calmar Ratio Rank
The Martin Ratio Rank of GKOS is 5555
Martin Ratio Rank

ONON
The Risk-Adjusted Performance Rank of ONON is 6969
Overall Rank
The Sharpe Ratio Rank of ONON is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of ONON is 6767
Sortino Ratio Rank
The Omega Ratio Rank of ONON is 6363
Omega Ratio Rank
The Calmar Ratio Rank of ONON is 7373
Calmar Ratio Rank
The Martin Ratio Rank of ONON is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GKOS vs. ONON - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Glaukos Corporation (GKOS) and On Holding AG (ONON). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for GKOS, currently valued at 0.07, compared to the broader market-2.00-1.000.001.002.003.00
GKOS: 0.07
ONON: 0.46
The chart of Sortino ratio for GKOS, currently valued at 0.38, compared to the broader market-6.00-4.00-2.000.002.004.00
GKOS: 0.38
ONON: 1.03
The chart of Omega ratio for GKOS, currently valued at 1.06, compared to the broader market0.501.001.502.00
GKOS: 1.06
ONON: 1.11
The chart of Calmar ratio for GKOS, currently valued at 0.07, compared to the broader market0.001.002.003.004.005.00
GKOS: 0.07
ONON: 0.51
The chart of Martin ratio for GKOS, currently valued at 0.25, compared to the broader market-5.000.005.0010.0015.0020.00
GKOS: 0.25
ONON: 1.85

The current GKOS Sharpe Ratio is 0.07, which is lower than the ONON Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of GKOS and ONON, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
0.07
0.46
GKOS
ONON

Dividends

GKOS vs. ONON - Dividend Comparison

Neither GKOS nor ONON has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

GKOS vs. ONON - Drawdown Comparison

The maximum GKOS drawdown since its inception was -69.57%, roughly equal to the maximum ONON drawdown of -68.90%. Use the drawdown chart below to compare losses from any high point for GKOS and ONON. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-39.78%
-32.88%
GKOS
ONON

Volatility

GKOS vs. ONON - Volatility Comparison

Glaukos Corporation (GKOS) has a higher volatility of 17.89% compared to On Holding AG (ONON) at 16.40%. This indicates that GKOS's price experiences larger fluctuations and is considered to be riskier than ONON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
17.89%
16.40%
GKOS
ONON

Financials

GKOS vs. ONON - Financials Comparison

This section allows you to compare key financial metrics between Glaukos Corporation and On Holding AG. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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